The round number watch continues. I love it. Coming up later on closing bell, a big news maker, Prince Alwaleed Bin Talal al saud. Hes been asking saudi arabia to diversify because of the natural gas explosion and fracing in america. Well talk about how hes allocating capital. Which includes big stakes in citi, news corp. And twitter. Dont miss that. We hear he made 600 million on the twitter investment, on the ipo there. Unbelievable. More fallout from the new health care law. A new poll of midsized american businesses shows theres a trend to move workers to parttime status due to the mandates of the law. This is something the white house has been pushing back against very hard. But these numbers tell a different and disturbing story. Were going to have more on that. Stay tuned for more results. Bill, a lot of people pushed back on this whole idea. I reported this first on meet the press and got killed on twitter for it because people disagreed with it. Now we have these results. Want
In fiveyear notes and well be watching the price of gold today as well. The precious metal dropping 2 yesterday. That was the worst day in six weeks. You can see right now its trading at 1,264. 70 an ounce. Andrew, over to you. Thank you, becky. Welcome back. We have corporate news, tech news, talking about re code. General electric Ceo Jeff Immelt is in france, meeting with president hollande, also with the countrys economic minister to discuss ges bid for alstom. An official in hollandes office says ge has improved its offer for the french train and turbine maker. The comments could suggest a change. This could be a change for the first time for the french government which until now has been critical of ges bid. We will see where all of that heads. In other european news, this morning, the uks fraud office launched a formal criminal investigation into Glaxo Smithkline amid claims of foreign bribery. The Company Faces claims in china and four other countries. Weve talked about this be
Senator grassley, we set a member number of occasions we find it there is a use and value to having an independent legal representative in the fisa Court Process in the appropriate circumstances. We would not advocate or recommend having one for all of the procedures that go on there. Many of them like a normal criminal cases are routinely done in an expert databases. They are done usually with a fair degree of asked etienne and efficiency and we think a permanent public advocate might impede that process if it is applied to every single thing that they are. They would also be some constitutional issues facing our public advocate on every single issue. We would propose that it be an amicus appointed by the court when the court feels that they have the need for another event another point of view when its a significant issue involving privacy issues, civil liberty issues that the court would like to have another view on. That would be a good example of a time. Something like both Data C
Future of internet governance. Last years conference showed us that through this deep International Division of over whether to subordinate the open internet to world governments, including repressive regimes, the u. S. Needs to be a beacon for freedom and openness in this battle. Given these risks, we propose enhanced transparency and procedural reform, clearer protection for americans, and baseline protections for international users. With regard to transparency and procedural reform, we think all governments should share with citizens meaningful information about their surveillance laws, their legal interpretations, and judicial procedures that govern the exercise of this powerful authority. Of course, the u. S. Cannot demand this from others unless it leads by example. Furthermore, companies should be permitted to disclose publicly to their users the precise volumes of requests from governments. Businesses should not only be prermted to release transparency reports but encouraged t
Suffering under that issue. Many finding they cant keep the insurance play planned and like. Their premiums are rising. Uncertainty is growing about which parts of the law the president will decide to uphold. But in just these few months we have already seen reports of incidents where obama care hasnt adequately protected americans personal data. In one reported instance in minnesota, an Insurance Broker was accidentally provided the personal information of 2,400 people. Moreover, there are many Unanswered Questions about the websites ability to protect privacy Going Forward. Now i expect, in fact, i understand that the standards of the dedicated professionals in our Intelligence Community do not compare to those of the contractors who failed to set up the website that ive referred to. But its easy to see why Many Americans tend to be skeptical, then, that the government can adequately maintain their privacy when it collects vast amounts of information. The president s disengagement on